Oddbean

SIMPLY SESSIONS NEWS: -Saylor says THIS domino could lead to $5 million Bitcoin -El Salvador to add Bitcoin to schools in 2024 -CBDCs will displace private banking -Turkey has the highest BTC adoption rate Tune in at 6pm ET here on Nostr OR over on YouTube: https://www.youtube.com/watch?v=viZHUgadqBA While you wait, don't forget to subscribe for News, Panels and FREE weekly tutorials! https://youtube.com/@BTCSessions?sub_confirmation=1

My favourite charts are BTC vs Turkish Lira (Plus Argentine Pesos and now the Pakistani Rupee). Monetary principles playing out in front of our eyes. I would like to say Gresham Law playing out but there are monetary nerds who claim that is a faulty use of the law. But hey, I’ll do it anyway. Even Norwegian media post the bitcoin price in USD terms on tickers, but you want to know something funny - NOK is our unit if account. Why not post btc in our UoA? Because our UoA is performing on par with previously mentioned currencies. It’s embarrasing. And it is all so tiresome to then listen to midwits claiming btc has failed as «inflation hedge». Call Turkey, Pakistan or Argentina (just 300 million people apx) and tell them it has failed. When you’re done calling them, Egypt and Nigeria with their 300m ppl is next. I’ll catch the show tomorrow, good luck Ben! 🙌 #rantstr